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Leases
12 Months Ended
Feb. 02, 2025
Leases [Abstract]  
Leases Leases
The components of our lease costs are as follows:
For the Fiscal Year Ended
(In thousands)February 2, 2025January 28, 2024January 29,
2023
Operating lease costs
$299,105 $296,779 $275,086 
Variable lease costs
127,291 132,304 138,155 
Total lease costs
$426,396 $429,083 $413,241 
Sublease income and short-term lease costs were not material to us for fiscal 2024, fiscal 2023 and fiscal 2022.
Supplemental cash flow information related to our leases are as follows:
For the Fiscal Year Ended
(In thousands)February 2, 2025January 28, 2024January 29,
2023
Cash paid for amounts included in the measurement of operating lease liabilities
$325,650 $322,293 $296,053 
Our net additions to right-of-use assets were approximately $209.4 million and $205.7 million in fiscal 2024 and fiscal 2023, respectively.
Additional information related to our leases is as follows:
For the Fiscal Year Ended
February 2, 2025January 28, 2024
Weighted-average remaining lease term (years)6.56.6
Weighted-average incremental borrowing rate4.0 %3.8 %
As of February 2, 2025, the future minimum lease payments under our operating lease liabilities are as follows:
(In thousands)
Fiscal 2025$308,679 
Fiscal 2026275,247 
Fiscal 2027238,045 
Fiscal 2028197,498 
Fiscal 2029155,981 
Fiscal 2030 and thereafter395,275 
Total lease payments1,570,725 
Less: interest(223,410)
Total operating lease liabilities1,347,315 
Less: current operating lease liabilities(234,180)
Total non-current operating lease liabilities$1,113,135 
We have also entered into agreements to lease additional retail spaces, which will commence in fiscal 2025. Accordingly, future minimum lease payments under these agreements are not included in the table above.